Apr 1, 2023
In this episode, we are joined by Rod Cope, Chief Technology Officer at Perforce Software, a company that has made 11 acquisitions in the past six years, including his own. Rod shares his unique insights on navigating the challenges and uncertainties that come with mergers and acquisitions (M&A) and provides valuable advice on eliminating friction and ensuring successful integration between companies.
Rod's extensive experience in M&A has taught him that it typically takes at least two years for companies to fully integrate and become a cohesive unit. He shares his top tips for tech leaders on both sides of an M&A to support a positive experience:
- Host a Town Hall early on with an AMA (Ask Me Anything) section to build trust and open communication among the entire team.
- Set clear expectations through transparent and constant contact, ensuring everyone is on the same page throughout the process.
- Swap out the brands early on, including building signs, email signatures, and more, as these small details can make a significant difference in establishing a unified identity.
- Ensure employees don't experience any friction with calendars, emails, and communication, allowing them to feel like part of the greater team.
Rod also discusses how tech leaders can better prepare for acquiring or merging with another organization and the importance of understanding the time it takes for a successful integration.
As companies worldwide rely on Perforce to build complex digital products faster and with higher quality, Rod's insights and experiences offer a valuable perspective for tech leaders navigating the M&A landscape. Tune in to this episode to learn from Rod Cope's extensive expertise in M&A and discover how to successfully eliminate friction and foster a positive experience during the integration process.